SAP Business One’s Financial Accounting module provides tools and reports that will help you in managing the financial activities of small and midrange business. These tools include:

• Chart of accounts   -  Setting and Modification in Chart of Accounts List.
• Journal entries   -  Making General Journal Transactions, and automatically allocate to Project or General Ledger Account.
• Journal Vouchers   -  Use of Journal Voucher to record Journal Transactions.
• Transaction templates   -  To saves time and reduces the chance of error when entering manual journal entries through Transaction Template.
• Recurring Postings   -  Recurring option allows to establish a custom set of recurrent transactions, including automatic frequency reminders.
• Reverse Transactions   -  This option allow to record corrections in journal entries.
• Exchange rate differences   -  This option adjusts the foreign currency accounts to our local currency.
• Trial balance report   -  This report shows account balances and transactions.
• Profit and loss report   -  This report shows income and expenses in straightforward way.
• Balance sheet   -  Shows assets and liabilities in the straightforward way.

SAP Business One’s business partner management module allows to track and manage vital information about clients and vendors.

SAP Business One’s Capabilities include:

• Cards Management   -  Records all information about clients and vendors, including addresses, contact records, account balances and more.
• Contacts-Records   -  Telephone calls, meetings, or any interactions between you and your client or vendor.
• Opening Balances   -  Manages opening balances of customers and vendors.
• Contacts Summary   -  Displays your open customer contact records.
• Sales Opportunity   -  Records any sales opportunity.
• Opportunity Analysis   -  Reports on opportunities in three main dimensions: by customer, per item, and per agent.
• Pipe Graph   -  Displays sales analysis in graph.

SAP Business One’s sales and distribution tools help to manage entire sales cycle, manage everything from price quotes and invoicing to payments.

• Quotation   -  Allows to automatically issue a price quote to customers.
• Order entry   -  Enables to enter customer orders, automatically reserve the item ordered, and notify to the warehouse for the delivery date.
• Delivery notes   -  Enables to order merchandise related to a quotation and update inventory stock balances.
• Returns   -  Lets to record stock entry returned from clients.
• Invoicing   -  Automatically creates the invoice and records the stock and journal transactions, while issuing an automatic receipt in case customers are paying any part of their bill instantly.
• Credit notes   -  Lets to credit customer for any reason, including customer returns.
• Reserve invoicing   -  Allows you to issue an invoice without changing the stock balances.
• Auto summary wizard   -  Summarizes into one invoice all former accounts receivable documents related to all customers.

SAP Business One’s Purchasing Module enables to manage and maintain every aspect of vendor’s relationships.

SAP Business One’s Capabilities include:

• Purchase order   -  Allows to issue a purchase order to vendors for materials or services.
• Purchase delivery note   -  Updates the actual in-stock amount without affecting the vendor's account balance.
• Purchase return   -  Allows to records goods returned to suppliers.
• Purchase invoice   - 
•   -  Records supplier invoices and simultaneously records a stock entry.
• Purchase Credit Note   -  Credits suppliers upon return of goods, or for any other reason that would require such credit.
• A/R Down Payment   -  Allows to records down payment to suppliers.
• Reserve invoicing   -  Allows to record an invoice without changing the stock balances.
• Import   -  calculates the landed value of imported goods and helps allocate different types costs and expenses such as shipping, insurance, and customs.

SAP Business One’s warehouse management delivers the tools and processes you need to manage stock merchandise, including:

• Item Management   -  Manages all item information, including name and code, barcode,trademark, measures, prices, and even the item's picture.
• Item Query   -  gives you a quick view of item details.
• Price Lists   -  Lets to define price lists and associate them with each customer or vendor.
• Special Prices   -  Records special prices for unique customers.
• General Receipt / Release from Stock   -  allows you to record a stock entry or release not directly to an AP/AR document.
• Stock Transfer Between Warehouses   -  Enables to record all stock transfers between warehouses.
• Stock transactions   -  maintains opening balances for stock items and updates stocktaking data.

SAP Business One delivers a bank transaction application that helps small and midrange business to manage their financial processing activities with business tools for:

• Receipt   -  Records all payments given by customers, including cheques, credit card, cash and bank transfers.
• Payment to supplier   -  Issues payment to suppliers, allocates payments to open purchase invoices and automatically prints checks.
• Deposits   -  Allows to deposit cash, credit cards and cheques to company bank.
• Deferred checks   -  Shows the deferred cheques to be deposited.
• Reconciliation   -  This option provides automatic bank reconciliation, enabling to reconcile debit versus credit transactions or reconcile data with the bank's data.